Why You Lose At Trading

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bredin
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Postby bredin » Fri Feb 12, 2010 2:47 am

"SACKED: An Interactive Guide to AutoLobotomization for Traders"

"It's Not Rocket Surgery"

"Its All About Your Shoes" (that might be a bit obscure...)

"Get Out! Get Out NOW!"

"TROs (R) Trade-o-Rama!(tm)"

"Help! I've Trodden On My Fingers And I Can't Get Up!"
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

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bredin
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Postby bredin » Fri Feb 12, 2010 2:53 am

"Too Stupid For Words: Diary Of an Internet Trading Guru"

"If You Can Read This You're Too Smart To Trade"

"You Paid HOW MUCH?"
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

mikerife1
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Postby mikerife1 » Thu Mar 04, 2010 8:07 pm

Isn't a firm fixed amount called a price and not a donation?

Brookmyre
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Postby Brookmyre » Thu Mar 04, 2010 9:17 pm

Thats really funny Bredin :lol:
I've learned from my mistakes and I'm sure I can repeat them exactly - Peter Cook

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Patch
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Postby Patch » Thu Mar 04, 2010 9:22 pm

mikerife1

Yes.

Keep in mind I've dranked the red - green - and - purple kool aide;

My personal preference is the purple. Call it what you like, it is by far the best money I've ever spent, p$%&!d away, donated, lost, invested, etc ... in my trading education ever, ever, ever.

Best of luck and great success to you in your trading future.

Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Postby jimbob » Thu Mar 04, 2010 10:30 pm

my only criticism of TRO is his unwillingness to offer backtestable code for his theories.

i have stated in other forums that i think his indicators are inspirational, however without the ability to test on enough data, they remain only theories.

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Patch
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Postby Patch » Thu Mar 04, 2010 10:43 pm

jimbob

Where there is a will, there is a way that will be found. I agree with you jb about backtesting and respect TRO's reasons for not offering autotraders; I thinks it is spelled -l-i-a-b-i-l-i-t-y and slip and fall lawyers and lots of people who don't take responsibility for their actions.

There are some great programmers right here on Kreslik, and I work with got a great programmer in Australia. I've been a believer in trading and autotrading since I learned how to spell commputter.

Patch
aka Purple Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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TheRumpledOne
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Postby TheRumpledOne » Fri Mar 05, 2010 1:27 am

mikerife1 wrote:Isn't a firm fixed amount called a price and not a donation?


No. Go the the Sierra Club.

http://www.sierraclub.org/

If you want what they are offering there is a minimum donation of $15.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Postby TheRumpledOne » Fri Mar 05, 2010 1:31 am

jimbob wrote:my only criticism of TRO is his unwillingness to offer backtestable code for his theories.

i have stated in other forums that i think his indicators are inspirational, however without the ability to test on enough data, they remain only theories.


1) Most people do not know how to back test properly.

2) I provide source code so you can make it "back testable".

3) I post opportunities in REAL TIME and you have at least 5 minutes to get ready to take advantage of them. Then I post results. Who else does that on a regular recurring basis?

4) I have made many frequency distribution indicators that show how profitable the setups can be.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Jalarupa
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Postby Jalarupa » Fri Mar 05, 2010 3:55 am

@Jimbob

IF I may, I've been trading all sorts of different setups and I have found that the TRO NLA and the RAT setups have been ones where I can realize the most profit, whereas before I was waiting for MACD cross overs and MA cross overs. I now just ride the pivot, fib and resistance support bounces that are out there and with great results... I hardly ever even need to enter a stop loss as price moves in the direction that it should... All that is required is a little bit of patience and an observation of what is happening as apposed to what 'should' be happening when you get a MACD Buy signal ect...

The proof isn't in the pudding... Its in the tasting... If it works it works... nuff said
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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